E-INVOICE APPLICABILITY

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This query is : Resolved

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This discussion clarifies e-invoicing applicability based on turnover. If your annual turnover, including any pre-GST VAT turnover, exceeded 5 crore rupees in the 2017-18 financial year, e-invoicing is applicable to your business. This means you must electronically upload all B2B and B2G invoices to the designated portal.

Chirag H. Thakkar

Chirag H. Thakkar (Querist)

20 July 2023 Our turnover in 2017-18 for GST period i.e. july17 to march 18 was Rs. 4.8 Cr. but Including Gujarat VAT turnover for April - june 2017, turnover was more than 5 Cr.
we want to know that whether E-invoicing will be applicable from 01.08.2023?
Please provide the provision in details.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

20 July 2023 Yes E invoice applicable as your annual turnover exceeds 5 crore for 2017-18.

If you are a business with an annual turnover exceeding 5 crores, e-invoice is applicable, and you need to electronically upload all B2B and B2G invoices to the portal. You need to generate the e-invoice in the required format and upload it to the IRP portal.

Chirag H. Thakkar

Chirag H. Thakkar (Querist)

21 July 2023 Sir, but my turnover under GST was below 5CR. then also applicable?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

21 July 2023 You have to consider annual turnover which includes VAT turnover.

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